| Schedule of Operating Lease Costs |
The following tables present the Company’s operating lease costs, lease components, remaining lease term and discount rate:
|
|
|
Three Months
Ended
March 31,
2025
|
|
Three Months
Ended
March 31,
2024
|
|
Operating lease costs
|
|
$
|
11,337 |
|
$
|
11,335 |
|
|
|
March 31,
2025
|
|
December 31,
2024
|
|
Operating lease right-of-use assets
|
|
$
|
18,550 |
|
$
|
29,410 |
|
Operating lease liabilities – current
|
|
$
|
18,907 |
|
$
|
29,980 |
|
Operating lease liabilities – non-current
|
|
|
|
|
|
|
|
Total operating lease liabilities
|
|
$
|
18,907 |
|
$
|
29,980 |
| | | March 31,
2025 | | Remaining lease term (years) | | 0.42 | | | Discount rate | | 7.50 | % |
|
The following tables present the Company’s operating lease costs, lease components, remaining lease term and discount rate:
|
|
|
Year Ended
December 31,
2024
|
|
Year Ended
December 31,
2023
|
|
Operating lease costs
|
|
$
|
45,347 |
|
$
|
15,115 |
|
|
|
December 31,
2024
|
|
December 31,
2023
|
|
Operating lease right-of-use assets
|
|
$
|
29,410 |
|
$
|
70,930 |
|
Operating lease liabilities – current
|
|
$
|
29,980 |
|
$
|
41,235 |
|
Operating lease liabilities – non-current
|
|
|
—
|
|
|
29,980 |
|
Total operating lease liabilities
|
|
$
|
29,980 |
|
$
|
71,215 |
| | | December 31,
2024 | | Remaining lease term (years) | | 0.67 | | | Discount rate | | 7.50 | % |
|
| Schedule of Minimum Lease Payments |
The following table is a schedule, by years, of the minimum lease payments as of March 31, 2025:
|
Year Ended December 31,
|
|
Operating
Lease
Liabilities
|
|
Remaining 2025 (4/1/2025 – 12/31/2025)
|
|
$
|
19,251 |
|
|
Total lease payments
|
|
|
19,251 |
|
|
Less: imputed interest
|
|
|
(344 |
)
|
|
Present value of lease liabilities
|
|
$
|
18,907 |
|
|
The following table is a schedule, by years, of the minimum lease payments as of December 31, 2024:
|
Year Ended December 31,
|
|
Operating
Lease
Liabilities
|
|
2025
|
|
$
|
30,802 |
|
|
Total lease payments
|
|
|
30,802 |
|
|
Less: imputed interest
|
|
|
(822 |
)
|
|
Present value of lease liabilities
|
|
$
|
29,980 |
|
|